A system dynamics model of mining industry investment decisions within the context of environmental policy

B. O'regan; R. Moles

doi:10.1080/09640560120033731

A system dynamics model of mining industry investment decisions within the context of environmental policy

Research output: Contribution to journal › Article › peer-review

Abstract

This paper describes a detailed computer model developed using the Power-sim simulation program in the system dynamics tradition. The model comprises over 180 interrelated variables, providing a means of examining the effects of varied environmental, fiscal and corporate policies on the flow of investment funds and mineral resources between a number of simulated mining firms and competing countries. An outline of the system dynamics method is presented, followed by a high-level overview of the model structure. Examples of the application of the model are then discussed.

Original language	English
Pages (from-to)	245-262
Number of pages	18
Journal	Journal of Environmental Planning and Management
Volume	44
Issue number	2
DOIs	https://doi.org/10.1080/09640560120033731
Publication status	Published - 2001

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10.1080/09640560120033731

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abstract = "This paper describes a detailed computer model developed using the Power-sim simulation program in the system dynamics tradition. The model comprises over 180 interrelated variables, providing a means of examining the effects of varied environmental, fiscal and corporate policies on the flow of investment funds and mineral resources between a number of simulated mining firms and competing countries. An outline of the system dynamics method is presented, followed by a high-level overview of the model structure. Examples of the application of the model are then discussed.",

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A system dynamics model of mining industry investment decisions within the context of environmental policy

Abstract

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